Commonwealth Equity Services LLC Has $230,000 Stock Position in Invesco S&P 500 Value with Momentum ETF (NYSEARCA:SPVM)

Commonwealth Equity Services LLC lessened its position in shares of Invesco S&P 500 Value with Momentum ETF (NYSEARCA:SPVM) by 8.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,001 shares of the company’s stock after selling 384 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Invesco S&P 500 Value with Momentum ETF were worth $230,000 at the end of the most recent quarter.

Separately, Raymond James Financial Inc. acquired a new position in shares of Invesco S&P 500 Value with Momentum ETF in the 4th quarter valued at $1,550,000.

Invesco S&P 500 Value with Momentum ETF Stock Up 6.8 %

Shares of Invesco S&P 500 Value with Momentum ETF stock opened at $54.16 on Thursday. The business has a fifty day simple moving average of $57.41 and a 200 day simple moving average of $58.75. The stock has a market cap of $47.66 million, a PE ratio of 13.74 and a beta of 1.03. Invesco S&P 500 Value with Momentum ETF has a 12 month low of $49.89 and a 12 month high of $63.50.

Invesco S&P 500 Value with Momentum ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a dividend of $0.3348 per share. The ex-dividend date of this dividend was Monday, March 24th.

Invesco S&P 500 Value with Momentum ETF Company Profile

The Invesco S&P 500 Value with Momentum ETF (SPVM) is an exchange-traded fund that is based on the S&P 500 High Momentum Value index. The fund tracks an index of S&P 500 stocks selected by value and momentum and weighted by value. SPVM was launched on Jun 16, 2011 and is managed by Invesco.